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Singapore’s NVPC & Ant International conclude inaugural partnership to enhance charities & digital fundraising capabilities
The initiative leveraged Ant International’s expertise in digital financial services to equip non- profit organizations with capabilities to navigate the digital giving landscape, using giving.sg as the medium.
Malaysia’s Sidec launches accelerator program to boost SMEs and startups ecosystem
The Malaysia-based Selangor Information Technology and Digital Economy Corporation (Sidec) has announced the launching of the Twin Accelerator Program which comprises the seventh cohort Selangor Accelerator Program (SAP24) and the second cohort of Selangor E-Commerce Xccelerator (ECX24).
Sinar Mas, LG CNS form joint venture to provide digital solutions in Indonesia
Sinar Mas, a conglomerate that oversees various business sectors in Indonesia, and LG CNS, a leader in digital transformation from South Korea, have launched their business collaboration, LG Sinar Mas, a joint venture that provides cutting-edge information technology (IT) solutions and services across Indonesia.
Bitcoin and beyond: How cutting-edge tools are simplifying Web3 development
As the Web3 ecosystem continues to expand, the demand for tools that simplify blockchain development will only increase, making it easier for developers to create and deploy cross-chain applications. These tools not only reduce the complexity of working with different #blockchain networks but also unlock new market opportunities for startups and developers,…
Malaysia’s Maybank invests in Funding Societies
Malaysian lender Malayan Banking Berhad (Maybank) has announced a strategic investment in Funding Societies | Modalku (Funding Societies), an unified digital finance platform for micro, small and medium enterprises (MSMEs) in Southeast Asia.
Fintechs have a role in narrowing Asia’s financial inclusion gap
Governments across Asia are fast-tracking reforms and initiatives to bridge the quarter of Asia’s population that remains outside the formal financial system, but it needs fintechs to help narrow the gap.
Finture’s YUP secures $30M in Series B funding, aims for US IPO in 3-5 years
YUP aims to serve 50 million users over the next 8 to 10 years, positioning itself as Southeast Asia's leading digital banking service platform with plans for a US IPO in the next 3 to 5 years.
Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang
ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on Tuesday announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion ($230 million).
Singapore’s Genesis Alternative Ventures raises $125M for second venture debt fund
Singapore-based venture capital firm Genesis Alternative Ventures has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund.
Japan’s Panasonic Energy to commence mass production for higher-capacity EV batteries
Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group company, has on Monday announced that it has finalized preparations for mass production of its high-capacity electric-vehicle (EV) batteries,
